Select Equity Group, L.P. Reduces $93M in Markel Group Inc. ($MKL)
Key Points
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Select Equity Group, L.P. reduced its position in Markel Group Inc. ($MKL) by 11.74% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 377,643 shares of Markel Group Inc. after selling 50,239 shares during the quarter. Select Equity Group, L.P.'s holdings in Markel Group Inc. were worth $697.13 million as of its most recent filing.
Markel Group Inc. Stock Up 1.5%
Shares of Markel Group Inc. ($MKL) traded around $1,846 on Saturday, up 1.5% for the day.
Markel Group Inc. Earnings
Analysts Set New Price Targets
About Markel Group Inc.
Markel Group Inc. engages in the insurance business in the United States, the United Kingdom, Bermuda, Germany, rest of the European Union, Canada, and the Asia Pacific. It operates through Markel Insurance, Industrial, Financial, and Consumer and Other segments. The company offers general and professional liability, specialty programs, workers' compensation, and marine and energy insurance; personal lines insurance, such as property coverage for homeowners; property insurance coverages, including fire, windstorm, hail, water damage, and catastrophe-exposed property risks, such as earthquake and wind; and credit and surety products. It also distributes exterior building products, such as siding, windows, doors, roofing, and gutters; invests in asset and wealth management companies; engages in the homebuilding of single-family homes, townhouses, and condominiums; designs and provides leather handbags and accessories; owns and operates manufactured housing communities; and sponsors teachers for placement. In addition, the company offers structural and architectural precast concrete; ornamental plants; industrial bakery equipment; over-the-road car-hauling equipment, such as trailers; cutter suction and auger dredges; and laminated oak and composite flooring for trailers. Further, it provides fire protection, life safety, and low-voltage solutions; heavy lift crawler cranes; erosion control and stormwater management; gas containment and transportation equipment; wall panel systems and dorm room furniture; insurance-linked securities investment and insurance management; equipment leasing; fronting and automobile collateral protection coverage; information technology consulting; data collection and pricing intelligence solutions; and concierge healthcare membership services. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is headquartered in Glen Allen, Virginia.
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